• Korean Journal of Construction Engineering and Management
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• v.13 no.2
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• pp.70-79
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• 2012

The Korean Government recently has been focused on strengthening competitiveness of order and stimulating construction market in the international construction industry. It has planned to extend the ODPs (overseas development projects) in order to diversifying the international construction market of which is domestic construction companies, placing too much emphasis on plant projects of the Middle East. However, literature review of risk analysis in the ODPs shows that the number of case study is several. Therefore, Authors asserted the necessity of risk analysis in the ODPs. The purpose of this study is to suggest a methodology that find KRFs (key risk factors) in the ODPs and analyze them, using AHP and Fuzzy theory. As a result, the 37 KRFs are selected and explained characteristics of them. A future direction of this study is to suggest a risk management model in the ODPs and prove feasibility of it.

• Journal of the Korea Institute of Building Construction
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• v.10 no.1
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• pp.155-162
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• 2010

Following the successful entry of Korean builders into overseas construction markets, Korean architects have also become active abroad, and have expanded their market share centered on the Southeast Asia and Middle Eastern areas through Design-Build contracts. However, there have also been However, conflict can arise among the project applicants in the contract stage due to the special characteristics of overseas construction. This sometimes leads to the failure of a project. Using statistics and case studies, this study identified problems in the overseas construction market. It analyzed inefficient factors of the architectural design contract phase in the overseas through a survey and an interview of specialists. Based on the results, this study suggested a master architect system, and some resolutions to the problems of organizing an internal evaluation system. It is expected that the results can be used as practical data for companies that want to advance into the overseas market.

• Korean Journal of Construction Engineering and Management
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• v.11 no.1
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• pp.59-69
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• 2010

Although international construction market gradually takes a important position among the export industries, the previous studies about international construction entry strategy have just focussed on trend investigation or suggestion for revitalization. Moreover, in order to prepare the market uncertainty such as world financial crisis and to plan the long term strategy, specific strategy studies based on corporate level are required. Therefore, this study estimates the nine strategic index and four financial index of 31 companies that performed 1920 international projects from 1993 to 2007 and evaluate the performance as three periods by multi-regression analysis. Also, this study analyze dynamic correlation between these index and the performance considering times. this study verifies that market diversification, product diversification, localization and decrease of debt to asset ratio make a good effect on the international order as long term strategy and shows that collaborated entry with domestic corporations, alliance entry with host country's company, alliance entry with third country's company, portion of labor cost and portion of management expense differently make a influence on the performance as times. these results will be helpful for the construction companies to plan the international entry strategy reasonably and specifically.

• Korean Journal of Construction Engineering and Management
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• v.14 no.2
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• pp.171-183
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• 2013

Domestric Construction & Engineering market has been long in recession due to the global economic crisis. Domestic construction industries consequently looks at overseas construction markets where relatively more construction projects are constantly required. In order to provide meaningful information for Korean engineering companies to keep the pace with the changes in the construction industry, various construction related date and statistics are analyzed. In addition, previous research from the related organizations and construction engineering companies are closely reviewed. Investigation of preliminary data and research have been conducted to draw remedies for their overseas expansion. Moreover, it is attempted to classify foreign markets as the Asia, Africa and etc. (Europe, North America/the Pacific and Latin America) to provide the list of first target countries and its regional market information focusing on their bidding system. This study had tried to show comparative analysis of different bidding procedures between Korea and the selected countries to suggest measures of improvements for the domestic bidding system. Finally, this study suggested policy recommendations to meet the requirement of bid qualification to advance the global market that was suggested with validated clustering bidding data.

• KSCE Journal of Civil and Environmental Engineering Research
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• v.31 no.2D
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• pp.247-253
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• 2011

In 2009, the Korean international construction industry showed a great performance, totaling 49.1 billion of contract and then this achievement has been considered a key milestone presenting that the international construction industry is one of the primary export industries of Korea. However, because of the construction firms' equalized levels of technology and price competitiveness, the competition among bidders is becoming more intensive. Moreover, this changing market circumstance leads construction firms to apply for bidding with the lowest price that could not meet the expected profitability of a project. Therefore, to develop various strategies based on project characteristics becomes one of the critical capabilities that construction firms should possess. Based on these motives, this study is aimed to investigate associations among number of bidders, contract award rate, profitability on international projects. For the correlation analysis, a set of data is structured by collecting all projects ranging from 1993 to 2009, excluding projects funded by official development and domestic funds. The number of bidders were grouped depending on project characteristics such as market regions, project types, bidding types, and order organization types. As the result of correlation analysis, contract award rate increases as the number of bidders increase, but the relationship between the number of bidders and profitability is negative. Understanding the correlations among variables can be employed in developing strategies to improve construction firms' competitiveness in the international construction market.

• 월간 기계설비
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• s.294
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• pp.124-126
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• 2015

한국건설기술연구원(원장 이태식)이 중소기업을 상대로 강소형 중소기업으로 거듭나기 위한 다리(Bridge)를 놓고 있다. 건설기술연구원이 놓는 다리(Bridge)는 ${triangle}$창업 활성화로 일자리 창출(Business Creation) ${triangle}$중소기업과 함께 연구(Reserch Collabortion) ${triangle}$미활용 지식재산권 공유(Intellectual Property Sharing) ${triangle}$중소기업 애로에 대한 차별화된 컨설팅(Differentiated Consulting) ${triangle}$건설 중소기업의 해외진출 지원(Global Frontier) ${triangle}$일류기업으로 성장토록 지원(Excellence Incubator) 등이다. 건설기술연구원은 이를 위해 중소기업에 기술개발, 인력, 시설 장비, 해외진출 분야에서 적극 지원한다. 건설기술연구원이 지원하는 내용은 다음과 같다.

• The Safety technology
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• no.159
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• pp.12-14
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• 2011

국내 시공능력평가는 15위이지만 해외고급건축 시공실적 1위로 국내보다 해외에서 그 명성이 높은 쌍용건설이 시공 능력 뿐만 아니라 안전관리분야에서도 새로운 지평을 열어가고 있다. 안전관리로 대한민국 이미지까지 상승시켜주고 있는 쌍용건설은 2009년 대비 2010년 재해율 80%라는 놀라운 감소율을 보이며 올해 건설안전계의 다크호스로 떠오르고 있다. 앞으로 국내에서도 1위 쌍용건설로 급부상하기 위해 가치로 두고 있는 것이 바로 안전관리다. 이들 안전관리를 총 진두지휘하는 사령본부 안전환경부를 찾아 쌍용건설만의 안전관리에 대해 들어보았다.

• Construction Engineering and Management
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• v.17 no.1
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• pp.9-11
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• 2016

• Korean Journal of Construction Engineering and Management
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• v.20 no.3
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• pp.122-133
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• 2019

In the construction industry, bidding competitiveness is the most basic and important competence of the company. Bidding competitiveness comes from competitive advantage, but the strategy of the company to capture bidding competitiveness varies with the characteristics of the project. In particular, overseas construction is where uniqueness of the construction industry and the specificity of international business coexist. This study analyzes the bidding success ratio and the level of bidding difficulty by project characteristics with 12,952 overseas construction bidding cases. Consequently, it was found that the bidding success ratio of Middle East and North Africa (MENA) and civil engineering was the lowest in each group of project characteristics, and therefore the level of bidding difficulty is high, respectively. In addition, it was confirmed that the bidding success ratio of small size or short duration project was relatively high, and the bidding success ratio of both the negotiated bidding in the bidding method group and the private sector in the client type group was respectively high. However, Kruskal-Wallis test in contract type and period shows that there is no statistically significant difference in the bidding success ratio by group.

• Korean Journal of Construction Engineering and Management
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• v.13 no.3
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• pp.109-121
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• 2012

Overseas construction project orders have shown steady increase since 2001, and it took 44.5% of the total construction project orders in 2010. Overseas construction project needs more complex risk management because it is affected by more various circumstance factors than the domestic construction is. Previous studies have centered on the internal risk factors to assist the decision-making, but there are few researches on the importance and techniques of foreign exchange risk management. Inadequate management of foreign exchange risk has been found to cause huge damages due to the lacking recognition on the importance of foreign exchange risk management. Therefore, current study designed a foreign exchange risk manage model to help efficient management and decision-making. This model was developed as a technique to meet the demand of the increasing overseas construction projects for the efficient management of foreign exchange risk, and the technique will lower the risk with more and more accurate outcome by accumulating the data of profit-and-loss.